Meadville, Pennsylvania is an attractive city for people looking to move out of larger cities with its affordable rent options. A two bedroom apartment in Meadville is only $810 compared to the national average of $1,430. Residents also benefit from the reduced cost of groceries in the area, with an index score of 95 versus 100 in the US. There are also plenty of local businesses located in Meadville such as Auto-Mart USA, UPMC Northwest Hospital, Penn Keystone Bank and Stahl's Bicycle Shop. This makes Meadville a great place to purchase needed items at reasonable prices. Overall, living in Meadville offers residents more bang for their buck when it comes to rent and grocery costs compared to the rest of the country.
Meadville has an unemployment rate of 7.9%. The US average is 6.0%.
Meadville has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.
Tax Rates for Meadville
- The Sales Tax Rate for Meadville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Meadville is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Meadville
- The average income of a Meadville resident is $20,308 a year. The US average is $28,555 a year.
- The Median household income of a Meadville resident is $40,694 a year. The US average is $69,021 a year.